James Oberstar: “I was very disappointed, though, that the Committee on Rules did not make in order my proposed amendment to equalize the…”

Using a National Infrastructure Bank to finance a large part of our infrastructure needs means we will be able to target Federal spending more efficiently.

I completely agree with the gentleman. As the gentleman from Florida and I discussed in our hearing yesterday, the purpose of the trust fund is not to relieve anyone of responsibility. I was part of crafting that legislation in 1990 and…

The Highway Trust Fund, based chiefly on the gasoline tax, will never again be adequate to fund even ongoing maintenance of our roads and bridges.

The City of Marquette kept its part of the agreement, conveyed property to the Coast Guard for $1, and now is going to be stuck with the bill. The problem is that the way the transfer worked out, the statutory PAYGO rules preclude…